Case Filed Against Myntra: The Enforcement Directorate (ED) has registered a case against the online shopping platform Myntra and its affiliates for violating the Foreign Exchange Management Act (FEMA). This case is related to foreign exchange violations worth about Rs 1,654 crore. This action has been taken by the Bengaluru regional office of ED, in … Read more
Rajiv Jain New Bajaj Finance MD: Bajaj Finance Managing Director Anup Kumar Saha has resigned, citing personal reasons. The company said on Monday that Saha had resigned four months after his appointment.The non-banking financial company announced that it has appointed Rajiv Jain to the position until March 31, 2028. Jain will also continue to serve … Read more
VIP Industries Stake Sold: 32% of VIP suitcases, which were once a familiar sight in every household in the 80s and 90s, are being sold. Dilip Piramal, chairman of India’s largest luggage company, VIP Industries, has decided to sell his 32% stake in the company. This stake will be sold to private equity firm Multiples … Read more
Reliance Buys Kelvinator Company: Big news is coming out from India’s famous company, Reliance.Reliance Industries Limited’s Reliance Retail on Friday (July 18) announced the acquisition of iconic home appliances brand Kelvinator. The company’s move is part of its strategy to strengthen its position in India’s fast-growing consumer durables market. Reliance Buys Kelvinator Company: The Coolest … Read more
Monarch Surveyors IPO 2025: If you are considering investing in an IPO, there is some useful news for you. Next week, IPOs of many companies will be open for investment. Among them is the IPO of Monarch Surveyors, a Maharashtra-based civil engineering consultancy company. Let us know in detail. Monarch Surveyors IPO 2025 Opening Date … Read more
Jio BlackRock to Launch 4 New Index Funds: Jio BlackRock Mutual Fund is bringing four new index funds for investors, which have received SEBI approval. By investing in these funds, you can become a part of major indices like Midcap, Smallcap and Next 50. Apart from this, a fund also gives the option of investing … Read more
Tesla Arrives in India: The first showroom of the world’s richest businessman, Elon Musk’s company Tesla, has opened today, on 15th July. Tesla Arrives in India: Showroom Location Tesla’s Showroom will work as an Experience Centre This store will work as an experience centre for people. That is, not only will vehicles be sold here, … Read more
Priya Nair to Lead Hindustan Unilever: There has been a major change in the management of the FMCG sector’s giant company, Hindustan Unilever (HUL). The company has appointed Priya Nair as the Chief Executive Officer (CEO) and Managing Director (MD). The company said that Rohit Jawa will step down from the top role in the … Read more
Good News For Indian X Users: There is good news for Indian users of platform X. Social media platform X has reduced the prices of subscription plans in India by up to 47%. For the first time, the company has changed the prices of all three of its subscription plans – Basic, Premium and Premium … Read more
Bill Gates Exits Top 10: Microsoft co-founder Bill Gates is no longer among the world’s top 10 billionaires. According to the Bloomberg Billionaire Index, Bill Gates has now slipped from the 5th spot to the 12th spot, with a net worth of $124 billion. Let us tell you that Bill Gates’ wealth has decreased by … Read more
Vaibhav Taneja Tesla CFO: Vaibhav Taneja of Indian origin has been appointed the treasurer of Elon Musk’s new political party, ‘America Party’. That means now he will take responsibility for the finances of Musk’s party. Vaibhav Taneja Tesla CFO He joined Tesla in 2017. Here, he held the positions of Assistant Corporate Controller and then … Read more
Aditya Mangala Takes CEO Role: News of a big change in Zomato management has emerged. Online food ordering and delivery company Eternal (formerly Zomato) has appointed Aditya Mangala as the new Chief Executive Officer (CEO) and Senior Management Professional (SMP) of its food ordering and delivery business. As stated by the company in the exchange … Read more
Safex Chemicals IPO Alert: Speciality chemicals company Safex Chemicals (India) plans to launch an initial public offering (IPO). The company has filed preliminary documents with the capital market regulator SEBI to seek approval to raise funds. Safex Chemicals IPO Alert Details & Types According to the DRHP, the IPO comprises a mix of fresh issues … Read more
Microsoft Exits Pakistan: Microsoft has given a big blow to Pakistan. The giant tech company Microsoft has stopped its work in Pakistan. Microsoft has officially decided to exit Pakistan after 25 years. This information has been given by the CEO who started the company in Pakistan in 2000. Let us tell you that Microsoft started … Read more
SBI Declares RCOM Loan Fraud: The State Bank of India (SBI) has declared the loan account of Reliance Communications Limited (RCOM) as fraudulent. SBI is now preparing to report the name of former RCOM director Anil Ambani to the Reserve Bank of India (RBI). This has started a new controversy over the finances of the … Read more
Travel Food Services IPO: If you are thinking of betting on an IPO, then there is some useful news for you. These days, the IPO market is booming, and back-to-back IPOs are being launched. One of these is the IPO of Travel Food Services. Travel Food Services IPO: Dates & Price Travel Food Services IPO: … Read more